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Ranbaxy slumps after Daiichi Sankyo says was misled
MUMBAI (Reuters) – Shares in Ranbaxy Laboratories Ltd fell as much as 10.7 percent on Thursday after majority shareholder Daiichi Sankyo Co said it believed former shareholders of the Indian company…
Apple supplier Cirrus slumps as pricing pressure grows
SAN FRANCISCO (Reuters) – Shares of Apple supplier Cirrus Logic slumped 18 percent on Thursday after the chipmaker said in a filing it faces growing pricing pressure in the smartphone market.
Yen slumps to four-year low against dollar
LONDON (Reuters) – The yen sank to a four-year low against the dollar and a three-year trough against the euro on Friday after data showed Japanese investors had begun buying foreign bonds
UPDATE 4-Slim’s America Movil slumps as Mexico advances with reform
* Shares in broadcaster Televisa slip 1 pct (Adds loss of wealth)
Slim’s America Movil slumps as Mexico advances with reform
MEXICO CITY (Reuters) – Shares of Mexican tycoon Carlos Slim’s phone giant America Movil fell almost 5 percent on Friday, a day after a congressional committee passed an ambitious bill that aims to…
TNT slumps as UPS pulls bid on EU veto
AMSTERDAM (Reuters) – UPS is dropping its $ 7 billion bid for Dutch delivery firm TNT Express after European anti-trust regulators said they would veto it, leaving TNT’s future in doubt and almost halving the value of its shares.
Groupon slumps on weak Europe, slowing daily deals business
(Reuters) – Shares of Groupon Inc looked set to open down 20 percent on Tuesday, after the company’s quarterly revenue missed Wall Street estimates on a weak European economy and its high-margin…
Greek coalition ‘slumps in poll’
Partial results in the Greek parliamentary election suggest the two main parties, which back tough austerity measures, have suffered serious losses.
UPDATE 1-Egypt’s Palm Hills slumps to Q3 net loss
CAIRO, Nov 3 (Reuters) – Egyptian real estate group Palm Hills , the country’s second-biggest listed developer, dropped to a third-quarter net loss on Thursday, hit by weaker revenue.
UPDATE 6-Amazon profit forecast disappoints, stock slumps
Oct 25 (Reuters) – Amazon.com Inc shocked investors with a far weaker-than-expected outlook for the crucial holiday season quarter as it spent heavily on its new Kindle Fire tablet computer.
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Tagged 'Disappoints', 6Amazon, forecast, profit, slumps, stock, update
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